Jiangsu Topfly New Materials
Jiangsu Topfly New Materials Co., Ltd. engages in the research and development, production, processing, and sale of optoelectronic display thin-film devices in China. The company offers optical diaphragms, polarizers, and functional adhesive materials. Its products are used in LCD TVs, monitors, laptops, tablets, mobile phones, wearable devices, vehicle displays, industrial control and public dis… Read more
Jiangsu Topfly New Materials (001373) - Total Assets
Latest total assets as of June 2025: CN¥1.02 Billion CNY
Based on the latest financial reports, Jiangsu Topfly New Materials (001373) holds total assets worth CN¥1.02 Billion CNY as of June 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Jiangsu Topfly New Materials - Total Assets Trend (2021–2024)
This chart illustrates how Jiangsu Topfly New Materials’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Jiangsu Topfly New Materials - Asset Composition Analysis
Current Asset Composition (December 2024)
Jiangsu Topfly New Materials's total assets of CN¥1.02 Billion consist of 81.6% current assets and 18.4% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 23.6% |
| Accounts Receivable | CN¥239.57 Million | 22.3% |
| Inventory | CN¥73.55 Million | 6.9% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥9.20 Million | 0.9% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2021–2024)
This chart illustrates how Jiangsu Topfly New Materials's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Jiangsu Topfly New Materials's current assets represent 81.6% of total assets in 2024, a decrease from 88.4% in 2021.
- Cash Position: Cash and equivalents constituted 23.6% of total assets in 2024, up from 14.6% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2021.
- Asset Diversification: The largest asset category is accounts receivable at 22.3% of total assets.
Jiangsu Topfly New Materials Competitors by Total Assets
Key competitors of Jiangsu Topfly New Materials based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Zhongheng Huafa Co Ltd Class A
SHE:000020
|
China | CN¥753.23 Million |
|
Shenzhen Desay Battery Technology Co Ltd
SHE:000049
|
China | CN¥17.35 Billion |
|
CPT Technology Group Co Ltd
SHE:000536
|
China | CN¥5.40 Billion |
|
Guangdong Fenghua Advanced Technology Holding Co Ltd
SHE:000636
|
China | CN¥16.69 Billion |
|
YoungPoong
KO:000670
|
Korea | ₩5.85 Trillion |
|
Xiamen Xindeco Ltd
SHE:000701
|
China | CN¥17.93 Billion |
|
BOE Technology Group Co Ltd
SHE:000725
|
China | CN¥430.75 Billion |
|
China Zhenhua Group Science & Technology Co Ltd
SHE:000733
|
China | CN¥18.69 Billion |
Jiangsu Topfly New Materials - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Jiangsu Topfly New Materials generates 0.60x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Jiangsu Topfly New Materials generates $ 1.14 in net profit.
Jiangsu Topfly New Materials - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 7.23 | 5.25 | 5.25 |
| Quick Ratio | 6.64 | 4.78 | 4.78 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥704.12 Million | CN¥ 772.22 Million | CN¥ 772.22 Million |
Jiangsu Topfly New Materials - Advanced Valuation Insights
This section examines the relationship between Jiangsu Topfly New Materials's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 3.46 |
| Latest Market Cap to Assets Ratio | 0.14 |
| Asset Growth Rate (YoY) | -2.9% |
| Total Assets | CN¥1.07 Billion |
| Market Capitalization | $148.61 Million USD |
Valuation Analysis
Below Book Valuation: The market values Jiangsu Topfly New Materials's assets below their book value (0.14 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Jiangsu Topfly New Materials's assets decreased by 2.9% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Jiangsu Topfly New Materials (2021–2024)
The table below shows the annual total assets of Jiangsu Topfly New Materials from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.07 Billion | -2.94% |
| 2023-12-31 | CN¥1.11 Billion | +81.90% |
| 2022-12-31 | CN¥608.10 Million | -17.07% |
| 2021-12-31 | CN¥733.22 Million | -- |